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Fly News Breaks for December 11, 2018
RGA
Dec 11, 2018 | 07:49 EDT
As reported earlier, RBC Capital analyst Kenneth Lee upgraded Reinsurance Group to Outperform and raised his price target to $165 from $150. The analyst is positive on the company's "competitive position as one of the largest global life reinsurers", along with its role as the only "pure-play publicly-traded U.S. life reinsurer". Lee also cites Reinsurance Group's "experienced management team with expertise in assessing/pricing reinsurance risks" along with its "very attractive" valuation.
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